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In this informative Twitter Spaces, Bob Knakal, a seasoned commercial real estate professional with decades of experience in NYC investment sales and development sites, talks about one of his favorite subjects: prospecting. The discussion takes place on Twitter Spaces, where Bob shares invaluable insights and strategies for successful CRE prospecting, especially in challenging market conditions. Discover how to stand out as a market expert, build strong client relationships, and differentiate yourself in the competitive real estate industry. Whether you're a small boutique firm or part of a large brokerage, Bob's advice will help you navigate the NYC real estate market and achieve success as a CRE professional. Highlights from this chat include: The importance of prospecting: Consistent and targeted prospecting is key to success in commercial real estate. It's essential to stay proactive and maintain a healthy pipeline of potential clients and deals. Leveraging data and market expertise: Being a true market expert sets you apart from the competition. Utilize data-driven insights and a deep understanding of your niche to add value to your clients and win their trust. Overcommunication with purpose and value: Communicate regularly with clients and prospects, but ensure your messages provide value and are relevant to their needs. Focus on delivering insights and information that matter to them. Embrace down cycles as an opportunity: During challenging market conditions, focus on building strong relationships with clients and providing them with valuable assistance. Helping them navigate tough times can lead to stronger partnerships in the long run. The power of specialization: Find your area of passion and become an expert in that niche. Specialization allows you to stand out and deliver more targeted solutions to your clients. Embrace coaching and continuous learning: Seek guidance from mentors or coaches to stay on track and maintain self-discipline. Continuous learning and improvement are essential for staying ahead in the competitive CRE industry. Be resilient and disciplined: Success in CRE requires hard work, discipline, and a determined mindset. Embrace challenges, stay focused on your goals, and be persistent in your efforts. Delivering bad news promptly: When faced with challenging situations or unrealistic expectations, communicate bad news to clients as soon as possible. Overcommunication and transparency are crucial to maintaining strong client relationships. Create value and differentiate yourself: Strive to create unique value for your clients by offering unparalleled market insights and expertise. Differentiation sets you apart and makes you the go-to professional in your niche. Balance work and personal life: While CRE can be demanding, it's essential to find a balance between work and personal life. Allocating time for downtime and family ensures you remain energized and motivated in your career. We hope you enjoyed this Twitter Spaces! Join us for the next one and remember to follow Bob wherever you consume your social media content. Connect with Bob: 🔔 Subscribe to my Newsletter: https://linktr.ee/bobknakalnyc JLL Portfolio: https://invest.jll.com/us/en/listings... LinkedIn: / bobknakal Facebook: / bobknakalnyc Instagram: / bobknakalnyc Twitter: / bobknakal #nycrealestate #investmentsalesnyc #capitalmarkets #bobknakal